British Grand Prix To Stay At Silverstone For Next 10 Years
The British Grand Prix will be held at Silverstone for the next 10 years after the announcement of a new long-term deal with the venue on Thursday. Silverstone's five-year contract with Formula One's American owners Liberty Media was up for renewal this year. The Northamptonshire track, owned by the British Drivers' Racing Club, has battled speculation that it could lose the prestigious Grand Prix in recent years. But Thursday's fresh deal, worth a reported £30 million ($37 million) per year, keeps the race at Silverstone until at least 2034.
